Telehandler Market Report 2026

The telehandler market size has grown strongly in recent years. It will grow from $6.73 billion in 2025 to $7.22 billion in 2026 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to growth of construction activities, demand for versatile lifting equipment, expansion of infrastructure projects, labor efficiency requirements, growth of industrial logistics.

The telehandler market size is expected to see strong growth in the next few years. It will grow to $9.44 billion in 2030 at a compound annual growth rate (CAGR) of 7%. The growth in the forecast period can be attributed to electrification of construction equipment, smart fleet management adoption, urban infrastructure development, demand for emission free machinery, growth of rental equipment services. Major trends in the forecast period include rising adoption of telehandlers in construction projects, growing demand for electric and hybrid telehandlers, increasing focus on operator safety and visibility, expansion of telehandlers in material handling operations, rising use of high lift and high load telehandlers.

The increasing number of infrastructure projects is expected to drive the growth of the telehandler market in the coming years. Infrastructure projects involve large-scale developments that build and maintain critical systems such as transportation, utilities, and communication networks. This rise in infrastructure initiatives is fueled by growing government investments in urban development and modernization, as countries strive to improve connectivity, boost economic growth, and accommodate expanding urban populations. Telehandlers support infrastructure projects by providing versatile lifting capabilities, making them well-suited for handling heavy materials on extensive construction sites. They enhance productivity by enabling precise placement of materials, improving project efficiency, and ensuring safety. For example, in July 2024, the UK’s Office for National Statistics reported that total infrastructure investment reached $17.5 billion (£13.8 billion) in 2023, reflecting a 3.9% increase compared to 2022. Therefore, the rising infrastructure projects are expected to fuel the growth of the telehandler market.

Leading companies in the telehandler market are focusing on developing advanced products, such as next-generation telehandlers, to boost performance, enhance operator safety, and increase efficiency on construction sites. Next-generation telehandlers are sophisticated lifting machines equipped with modern technologies including enhanced hydraulics, smart sensors, telematics, and improved operator cabins to deliver higher efficiency, safety, and versatility in material handling operations. For instance, in January 2025, Caterpillar Inc., a US-based heavy equipment manufacturer, launched the next generation of Cat Telehandlers, which include the Cat TH0642, TH0842, TH1055, and TH1255 models, replacing the earlier TL series. These new telehandlers offer improved stability, greater operator comfort, and easier control, particularly when managing heavy loads at heights or working on uneven terrain. Cat telehandlers feature the Cat C3.6TA engine that complies with stringent emissions regulations, multiple operator station configurations, an ergonomic interior with a full-color LCD monitor, and advanced safety features such as a standard rearview camera and an optional load stability indication system.

In May 2024, Oshkosh Corporation, a US-based industrial manufacturer, acquired Ausa Center S.L.U. for an undisclosed amount. Through this acquisition, Oshkosh strengthens its compact equipment portfolio by adding AUSA’s all-terrain telehandlers and forklifts, expanding its global presence, and supporting growth in the construction and infrastructure sectors. Ausa Center S.L.U. is a Spain-based manufacturer specializing in compact industrial vehicles including telehandlers and forklifts.

Major companies operating in the telehandler market are Caterpillar Inc., AB Volvo, Komatsu Ltd., Kubota Corporation, Liebherr Group, XCMG Group, Doosan Corporation, Sany Heavy Industry Co. Ltd., J.C. Bamford Excavators Limited, CLAAS KGaA mbH, Manitou BF SA, Anhui Heli Co. Ltd., Wacker Neuson SE, Skyjack Inc., Haulotte Group SA, Merlo S.p.A. Industria Metalmeccanica, Ausa Center S.L.U., Magni Telescopic Handlers S.r.l., Snorkel International LLC, Dieci S.r.l., Faresin Industries S.p.A., Sennebogen Maschinenfabrik GmbH, Sunward Intelligent Equipment Co. Ltd.

North America was the largest region in the telehandler market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the telehandler market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the telehandler market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The telehandler market consists of sales of high-reach telehandlers, truss booms, lifting jibs, crane hooks, and work platforms. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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